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Jushi Holdings (XCNQ:JUSH) Cyclically Adjusted Book per Share : C$0.93 (As of Mar. 2024)


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What is Jushi Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Jushi Holdings's adjusted book value per share for the three months ended in Mar. 2024 was C$-0.153. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$0.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jushi Holdings's average Cyclically Adjusted Book Growth Rate was -25.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -17.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Jushi Holdings was -7.80% per year. The lowest was -17.60% per year. And the median was -10.00% per year.

As of today (2024-05-27), Jushi Holdings's current stock price is C$0.87. Jushi Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.93. Jushi Holdings's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jushi Holdings was 5.88. The lowest was 0.41. And the median was 1.37.


Jushi Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jushi Holdings's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jushi Holdings Cyclically Adjusted Book per Share Chart

Jushi Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.79 1.55 1.32 1.00

Jushi Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 1.17 1.09 1.00 0.93

Competitive Comparison of Jushi Holdings's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Jushi Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jushi Holdings's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Jushi Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jushi Holdings's Cyclically Adjusted PB Ratio falls into.



Jushi Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Jushi Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.153/131.7762*131.7762
=-0.153

Current CPI (Mar. 2024) = 131.7762.

Jushi Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201405 2.106 100.373 2.765
201408 2.007 100.352 2.635
201411 1.899 99.635 2.512
201502 1.934 99.032 2.573
201505 1.797 100.333 2.360
201508 1.832 100.548 2.401
201511 1.825 100.135 2.402
201602 -0.081 100.040 -0.107
201605 0.000 101.355 0.000
201608 0.000 101.617 0.000
201611 0.000 101.829 0.000
201702 -0.119 102.779 -0.153
201705 -0.121 103.256 -0.154
201708 -0.110 103.587 -0.140
201711 -0.118 104.072 -0.149
201802 -0.175 105.052 -0.220
201805 -0.188 106.148 -0.233
201808 0.011 106.383 0.014
201811 0.007 106.338 0.009
201902 0.003 106.649 0.004
201906 1.429 108.070 1.742
201909 1.552 108.329 1.888
201912 1.360 108.420 1.653
202003 1.225 108.902 1.482
202006 1.094 108.767 1.325
202009 0.705 109.815 0.846
202012 -0.002 109.897 -0.002
202103 0.575 111.754 0.678
202106 0.629 114.631 0.723
202109 1.177 115.734 1.340
202112 1.278 117.630 1.432
202203 1.347 121.301 1.463
202206 1.483 125.017 1.563
202209 1.219 125.227 1.283
202212 0.298 125.222 0.314
202303 0.259 127.348 0.268
202306 0.195 128.729 0.200
202309 0.063 129.860 0.064
202312 -0.043 129.419 -0.044
202403 -0.153 131.776 -0.153

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Jushi Holdings  (XCNQ:JUSH) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Jushi Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.87/0.93
=0.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jushi Holdings was 5.88. The lowest was 0.41. And the median was 1.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Jushi Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Jushi Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Jushi Holdings (XCNQ:JUSH) Business Description

Industry
Traded in Other Exchanges
Address
301 Yamato Road, Suite 3250, Boca Raton, FL, USA, 33431
Jushi Holdings Inc is a vertically integrated multi-state cannabis and hemp operator across the United States. The company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp-based CBD brand, Nira, including its brands, The Lab: Concentrates and The Bank: Flower + Genetics, as well as its precision formulated line of medical cannabis products Nira Plus. Jushi strives to maximize shareholder value while delivering high premium products across all levels of the cannabis and hemp ecosystem.

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